Key Points

Now you are ready to attempt your first offer and one of the easiest places to start is with Coral. They are offering 4x £5 free bets (total £20) to their new online customers. To qualify for this bet all you need to do is deposit and bet £5 at odds above 1.5 (1/2), it’s an absolutely fantastic offer to get you going.

Step 1 – Sign Up To Coral

As stated above, Coral have an excellent offer to get you started with,click here and head over to the website, complete your registration and deposit £5.

Step 2 – Change Odds Display To Decimal

The majority of bookmakers will give you an option somewhere on their site to change the displayed odds between fractional and decimal. In our beginners offers section we will display the odds in both fractional and decimal formats however, we advise you change the settings where possible to decimal.

Change to Decimal Odds by selecting “Decimal” at the top of the page above your “Cash Balance”

Step 3 – Sign Up To Betfair

You are going to need an Exchange account to lay off your bets and for all our beginners offers we advise that you use Betfair. It is the most popular exchange online and as a result it always has the most liquidity in the market, this is important for us because it helps us ensure our bets get fully matched.

Click the banner below and sign up to Betfair.com

Please note, Betfair Sportsbook have a new customers offer themselves, however we cover that in our members only section. If you already have a Betfair account then simply log into it and use that one instead, you can then skip the first step on this guide.

Step 1 – Find Your Qualifying Bet

Use the Pure Profit Oddsmatcher to find a close match between the Coral back odds and the exchange lay odds. For your convenience the Oddsmatcher has been pre set to only display matches that meet the minimum odds required to qualify for your free bet (above 1.5). We recommend sticking to high profile football matches or horse racing.

Step 2 – Work Out Your Qualifier Lay Stakes

Once you have found a selection you are happy with, click the “i” on your match to open up the Pure Profit Calculator and work out your lay stake and liability.

Select “Normal” at the top.

The bookmaker stake is £5.

Enter the Coral back odds.

Enter the exchange lay odds.

Enter the lay commission.

Press enter on your keypad.

IMPORTANT – It is very important to make sure you have enough liability in your Betfair account to cover the bet and also make sure there is enough liquidity in the market you are betting in.

IF YOU’RE HAVING SIZING ISSUES WITH THE ODDSMATCHER, PLEASE CLICK THE REFRESH BUTTON BELOW

Before placing your bets you need to check the odds haven’t changed from those displayed by the oddsmatcher on both the bookmakers site & betfair.

Step 3 – Place Your Qualifying Bets

Deposit the recommended amount into Betfair and place your £5 bet with Coral, followed by your exchange lay bet. Make sure both bets are confirmed and the lay bet has been fully matched. Coral will credit your £20 free bet immediately after you have placed your qualifying bet.

Step 1 – Find Your Free Bet

You will be credited with 4x £5 Free Bets immediately after placing your qualifying bet, don’t worry if you don’t, just go on live chat and ask them for it. Once credited use the Pure Profit Oddsmatcher to find a close match between the Coral back odds and the exchange (Betfair) lay odds.

To maximise profit from your free bet we advise using high odds of 4.0 or above, for those with a smaller bank, find the best possible match at odds where you can afford the liability, somewhere in the region of 3.5 would be good and lock in as much profit as you can.

For your convenience the Oddsmatcher has been pre set to not display any arbs and only show odds above 3.5.

Step 2 – Work Our Your Free Bet Lay Stakes

Once you have found a selection you are happy with, click the “i” on your match to open up the Pure Profit Calculator and work out your lay stake and liability.

As this is a free bet we need to change the settings on the Pure Profit Calculator to “Free Bet (SNR)”

Select “Free Bet (SNR)” at the top.

The bookmaker stake is £20.

Enter the Coral back odds.

Enter the exchange lay odds.

Enter the exchange commission.

Press enter on your keyboard.

IMPORTANT – Again, it is very important to make sure you have enough liability in your Betfair account to cover the bet and also make sure there is enough liquidity in the market you are betting in.

IF YOU’RE HAVING SIZING ISSUES WITH THE ODDSMATCHER, PLEASE CLICK THE REFRESH BUTTON BELOW

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Before placing your bets you need to check the odds haven’t changed from those displayed by the oddsmatcher on both the bookmakers site & betfair.

Step 3 – Place Your Coral Free Bet & Betfair Lay Bet

Now you’ve worked out your correct lay stake and liability it is time to place your free bet so start by depositing the recommended liability into Betfair.

Place your 4x £5 Free Bets separately with Coral, all on the same event and making sure to select your free bet each time, then head to Betfair and immediately place your exchange lay bet, make sure both bets are confirmed and the lay bet has been fully matched.

You’ve now done all there is to do with this offer so sit back, wait for the bets to settle and your profit to hit your account!

Summary

Once these bets have settled, you should aim to have made around £14 profit if you have decent sized bank, those with a smaller bank will be closer to £12.

Finished? Time To Unlock All Our Offers!

Now you have finished your free trial you will have made around £40 cash, but more importantly you will have gained invaluable knowledge to kick start you on your Pure Profit journey. You should now be starting to understand how matched betting works, and having completed the 3 free trial offers you will no doubt have the taste for making such easy money.